. >> martin luther king jr. day. >> especially. lori: thank you, as always. >> thank you. lori: you can once each and every weeknight seven and 10:00 p.m. eastern. special guest tonight. republican of texas and member of the house do issue very committee on obama, the president's new gun legislation and what else we can expect from the president during his second term. melissa: senate democrats intend to approve a budget for the first time in almost four years, but senator chuck schumer warns, taxes are coming. >> we're going to do the budget this year, and it's going to have revenues in it. all republican colleagues produced to that fact. lori: will republicans be receptive? steve more of the "wall street journal" senior economic writer joins me on the phone. what did you think about that? >> great to be with you. you know, the problem for chuck schumer is not so much getting republicans to get used to it. what about all those red state democrats in the senate. those are the people that are probably hyperventilating right now over what chuck schumer said if you look at th